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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Gen Digital (GEN). Click either name above to swap in a different company.

F&G Annuities & Life, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.4× Gen Digital). Gen Digital runs the higher net margin — 15.5% vs 7.3%, a 8.2% gap on every dollar of revenue. On growth, Gen Digital posted the faster year-over-year revenue change (28.5% vs 13.2%). Over the past eight quarters, Gen Digital's revenue compounded faster (13.2% CAGR vs 6.1%).

F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.

Gen Digital Inc. is a multinational software company co-headquartered in both Tempe, Arizona (USA) and Prague, Czech Republic (EU). The company provides cybersecurity software, financial technology, and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. It is listed at both NASDAQ and Prague Stock Exchange. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, MoneyLion and CCleaner.

FG vs GEN — Head-to-Head

Bigger by revenue
FG
FG
1.4× larger
FG
$1.8B
$1.2B
GEN
Growing faster (revenue YoY)
GEN
GEN
+15.3% gap
GEN
28.5%
13.2%
FG
Higher net margin
GEN
GEN
8.2% more per $
GEN
15.5%
7.3%
FG
Faster 2-yr revenue CAGR
GEN
GEN
Annualised
GEN
13.2%
6.1%
FG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FG
FG
GEN
GEN
Revenue
$1.8B
$1.2B
Net Profit
$128.0M
$192.0M
Gross Margin
78.4%
Operating Margin
34.9%
Net Margin
7.3%
15.5%
Revenue YoY
13.2%
28.5%
Net Profit YoY
-60.9%
6.1%
EPS (diluted)
$0.97
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FG
FG
GEN
GEN
Q1 26
$1.2B
Q4 25
$1.8B
$1.2B
Q3 25
$1.7B
$1.3B
Q2 25
$1.4B
Q1 25
$908.0M
$1.0B
Q4 24
$1.6B
$986.0M
Q3 24
$1.4B
$974.0M
Q2 24
$1.2B
$965.0M
Net Profit
FG
FG
GEN
GEN
Q1 26
$192.0M
Q4 25
$128.0M
$134.0M
Q3 25
$118.0M
$135.0M
Q2 25
$40.0M
Q1 25
$-21.0M
$142.0M
Q4 24
$327.0M
$159.0M
Q3 24
$-6.0M
$161.0M
Q2 24
$203.0M
$181.0M
Gross Margin
FG
FG
GEN
GEN
Q1 26
78.4%
Q4 25
78.2%
Q3 25
78.8%
Q2 25
Q1 25
80.3%
Q4 24
80.4%
Q3 24
80.1%
Q2 24
80.3%
Operating Margin
FG
FG
GEN
GEN
Q1 26
34.9%
Q4 25
35.9%
Q3 25
35.5%
Q2 25
Q1 25
41.3%
Q4 24
37.9%
Q3 24
41.3%
Q2 24
43.2%
Net Margin
FG
FG
GEN
GEN
Q1 26
15.5%
Q4 25
7.3%
11.0%
Q3 25
7.0%
10.7%
Q2 25
2.9%
Q1 25
-2.3%
14.1%
Q4 24
21.0%
16.1%
Q3 24
-0.4%
16.5%
Q2 24
17.3%
18.8%
EPS (diluted)
FG
FG
GEN
GEN
Q1 26
$0.31
Q4 25
$0.97
$0.21
Q3 25
$0.85
$0.22
Q2 25
$0.26
Q1 25
$-0.20
$0.22
Q4 24
$2.53
$0.26
Q3 24
$-0.08
$0.26
Q2 24
$1.55
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FG
FG
GEN
GEN
Cash + ST InvestmentsLiquidity on hand
$1.5B
Total DebtLower is stronger
$2.2B
$8.4B
Stockholders' EquityBook value
$4.8B
$2.3B
Total Assets
$98.4B
$15.8B
Debt / EquityLower = less leverage
0.47×
3.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
GEN
GEN
Q1 26
Q4 25
$1.5B
Q3 25
$2.2B
Q2 25
$1.9B
Q1 25
$3.3B
$1.0B
Q4 24
$2.3B
$883.0M
Q3 24
$3.5B
$737.0M
Q2 24
$3.5B
$644.0M
Total Debt
FG
FG
GEN
GEN
Q1 26
$8.4B
Q4 25
$2.2B
$8.7B
Q3 25
$2.2B
$8.9B
Q2 25
$2.2B
Q1 25
$2.2B
$8.3B
Q4 24
$2.2B
$8.5B
Q3 24
$2.0B
$8.5B
Q2 24
$2.0B
$8.5B
Stockholders' Equity
FG
FG
GEN
GEN
Q1 26
$2.3B
Q4 25
$4.8B
$2.5B
Q3 25
$4.8B
$2.4B
Q2 25
$4.4B
Q1 25
$4.4B
$2.3B
Q4 24
$4.0B
$2.2B
Q3 24
$4.3B
$2.1B
Q2 24
$3.7B
$2.0B
Total Assets
FG
FG
GEN
GEN
Q1 26
$15.8B
Q4 25
$98.4B
$16.1B
Q3 25
$96.1B
$16.4B
Q2 25
$91.8B
Q1 25
$88.0B
$15.5B
Q4 24
$85.0B
$15.4B
Q3 24
$84.1B
$15.5B
Q2 24
$78.5B
$15.4B
Debt / Equity
FG
FG
GEN
GEN
Q1 26
3.61×
Q4 25
0.47×
3.54×
Q3 25
0.46×
3.75×
Q2 25
0.50×
Q1 25
0.51×
3.64×
Q4 24
0.55×
3.94×
Q3 24
0.47×
4.06×
Q2 24
0.56×
4.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FG
FG
GEN
GEN
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
9.13×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
GEN
GEN
Q1 26
Q4 25
$1.2B
$541.0M
Q3 25
$937.0M
$409.0M
Q2 25
$1.6B
Q1 25
$956.0M
$473.0M
Q4 24
$1.3B
$326.0M
Q3 24
$2.1B
$158.0M
Q2 24
$1.1B
$264.0M
Free Cash Flow
FG
FG
GEN
GEN
Q1 26
Q4 25
$535.0M
Q3 25
$405.0M
Q2 25
Q1 25
$470.0M
Q4 24
$318.0M
Q3 24
$156.0M
Q2 24
$262.0M
FCF Margin
FG
FG
GEN
GEN
Q1 26
Q4 25
43.9%
Q3 25
32.2%
Q2 25
Q1 25
46.5%
Q4 24
32.3%
Q3 24
16.0%
Q2 24
27.2%
Capex Intensity
FG
FG
GEN
GEN
Q1 26
Q4 25
0.5%
Q3 25
0.3%
Q2 25
Q1 25
0.3%
Q4 24
0.8%
Q3 24
0.2%
Q2 24
0.2%
Cash Conversion
FG
FG
GEN
GEN
Q1 26
Q4 25
9.13×
4.04×
Q3 25
7.94×
3.03×
Q2 25
40.50×
Q1 25
3.33×
Q4 24
4.04×
2.05×
Q3 24
0.98×
Q2 24
5.20×
1.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

GEN
GEN

Cyber Safety Platform$819.0M66%
Trust Based Solutions$421.0M34%
Net Interest Income On Notes Receivable$4.0M0%

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